This bill appropriates $850,000 from the bond proceeds fund to the commissioner of natural resources for a grant to the city of Lakeville. The funds are designated for the predesign, design, and construction of two retaining walls along the south side of Klamath Trail, specifically east and west of Kings Court. The project will also include site preparation and the demolition of the existing retaining walls.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $850,000, following the procedures outlined in Minnesota Statutes and the Minnesota Constitution. The effective date of this section is set for the day following its final enactment.